CDS Clearing: The New World Order

09 Apr 2010

A number of significant changes are under way with respect to the credit default swaps market.

A number of significant changes are under way with respect to the credit default swaps market. Market participants will need to grapple with the shift away from familiar bilateral relationships and industry standard documentation to each clearinghouse's own rules and procedures.Regulators world-wide have declared clearing an important ...

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